Blue Cloud's Evolution: New Partnership Fuels Expansion
Deal News | Aug 13, 2025 | TPG

Great Hill Partners, a private equity firm known for its investments in high-growth companies, announced its acquisition of a majority interest in Blue Cloud Pediatric Surgery Centers. Blue Cloud is the largest operator focused on pediatric ambulatory surgery centers (ASCs) for dental and oral surgery in the United States. The acquisition was made from The Rise Fund, a part of TPG's global impact investing platform. This investment aims to scale Blue Cloud's operations, enhancing access to cost-effective, quality dental surgery for pediatric and special-needs patients. Although the transaction's financial terms weren't disclosed, Great Hill's involvement promises significant business expansion and innovation. Blue Cloud's business model is lauded for providing a safe, affordable alternative to hospital operating rooms while expanding surgical care access. Great Hill Partners, with a notable track record of scaling middle-market companies, will bring its expertise and financial resources to bolster Blue Cloud's growth. This investment is part of Great Hill's broader strategy to support companies with high growth potential across various sectors, including healthcare.
Sectors
- Healthcare
- Private Equity
Geography
- United States – Both Blue Cloud Pediatric Surgery Centers and the transactions mainly operate within the United States.
Industry
- Healthcare – The acquisition of Blue Cloud Pediatric Surgery Centers supports the delivery of specialized healthcare services through ambulatory surgery centers, focusing on pediatric and special-needs patients.
- Private Equity – Great Hill Partners and TPG, both significant players in the private equity space, are involved in this transaction.
Financials
- Not Disclosed – The financial terms of the majority stake acquisition in Blue Cloud Pediatric Surgery Centers by Great Hill Partners were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blue Cloud Pediatric Surgery Centers | Target Company | Company | The largest operator of pediatric dental ambulatory surgery centers in the U.S., focusing on dental and oral surgery for pediatric and special-needs patients. |
| Great Hill Partners | Bidding Company | Company | A private equity firm that has acquired a majority stake in Blue Cloud Pediatric Surgery Centers. |
| The Rise Fund | Selling Company | Company | A multi-sector strategy of TPG's global impact investing platform, previously held a majority stake in Blue Cloud Pediatric Surgery Centers. |
| TPG | Other | Company | A major private equity firm involved through The Rise Fund, its global impact investing platform. |